KTM: Rising Sales, Stagnating Profit

Businessn.a. ♦ Published: May 25, 2012; 11:35 ♦ (Vindobona)

The Austrian producer of motorcycles recorded sales of 19,408 vehicles (+29.9%). Turnover was up by 13.5% to € 135.7m.

KTM: Rising Sales, Stagnating Profit / Picture: © KTM

Despite a still restrictive market environment - the total European market declined by 8.6% compared to previous year - KTM achieved to increase both sales and turnover considerably. The decrease on the overall European market is primarily related to the development in the largest European markets such as Spain (-30.2 %), Italy (-24.4 %) and France (-4.3 %). In contrast, the overall…